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halfpint 10-24-2008 04:34 AM

A question for forex users
 
Just wondering when im using the advanced forex trading system sometimes all activities stop on the buy and sell, sometimes this can be for a couple of minutes sometimes less, Is this normal or is this the software freezing or my connection. Im using the FXCM trading system.

marketsmart 10-24-2008 04:59 AM

sometimes if there is a lot of volatility, the system will lag or even shut down for a minute or two.

i noticed this week that several times i had to retry closing positions several times..

cardinalvices 10-24-2008 05:04 AM

a few minutes lag is no good for Forex. You know better that a few minutes can cause 100-150 points of difference..

halfpint 10-24-2008 05:29 AM

Cheers this is bad if its the software or server lagging due to a lot of activity. Like you said above a couple of minutes could loose you money :(

halfpint 10-24-2008 05:30 AM

Quote:

Originally Posted by marketsmart (Post 14944889)
sometimes if there is a lot of volatility, the system will lag or even shut down for a minute or two.

i noticed this week that several times i had to retry closing positions several times..

that is not good at all

marketsmart 10-24-2008 06:14 AM

Quote:

Originally Posted by halfpint (Post 14944988)
that is not good at all

i should have mentioned that i dont usually set stops/limits...

if you have a limit set or stop loss, your trades should still get executed..

its only when i am manually closing out trades that i have had an issue and like i said it only happens when there is a lot of volatility..

whats going on in the forex market is unseen.. i made more money this week there ever before...

btw, hit me up if you ever want to chat about trading

i only turn icq on sun-thurs...

157713798 icqqqqqqqqqqq

halfpint 10-24-2008 05:29 PM

Quote:

Originally Posted by marketsmart (Post 14945118)
i should have mentioned that i dont usually set stops/limits...

if you have a limit set or stop loss, your trades should still get executed..

its only when i am manually closing out trades that i have had an issue and like i said it only happens when there is a lot of volatility..

whats going on in the forex market is unseen.. i made more money this week there ever before...

btw, hit me up if you ever want to chat about trading

i only turn icq on sun-thurs...

157713798 icqqqqqqqqqqq

Thanks, I also have not tried setting limits or stop losses yet and I am also doing it manually. I am still playing with the practice trade station but I have now signed up and been accepted for a live account but wont be funding or using it just yet. I have always "so far" made a profit when ever I have used the practice station and just hope I can do the same when I do decide to "go live" and use real money ..shit this can suck you in if you aint carefull and you can make and loose a lot of money.

Thanks for the offer of chatting on ICQ I might just hit you up :thumbsup


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